Inside Needham News Today

Wicked Local The owners of the Sheraton Hotel property at 100 Cabot Street  avoided foreclosure last month after transferring the propertys outstanding mortgage to a Texas-based private equity firm The previous owner, WCP Needham Cabot L.L.C, acquired the land and hotel structure for $54,000,000 in March 2015. On May 3, Norfolk registry data shows Needham Lending Company, LLC purchased the property for $40,475,102.68 in a "deed in lieu of foreclosure" deal. According to a copy of the deed...

Use our interactive real estate map to see details for the commercial and residential property deals closed in Needham last month.

Million-dollar deals done in a day: Inside Needhams hot real estate market Wicked Local With a listed price of $949,000, the property on Arch Street went on the market just after 1:30 p.m. on the first Wednesday in April. By 7 p.m., the owners had received an offer for the four-bed, two-bath single-family home that was "way over the asking price," according to the real estate agent who represented the sellers. Adriano Varano, the principal-agent and owner of Needham-based Varano Realty, sa...